Farmland Partners (FPI) director reports 8,000-share purchase at $10.76
Rhea-AI Filing Summary
Bruce J. Sherrick, a director of Farmland Partners Inc. (FPI), purchased 8,000 shares of the company's common stock on 08/14/2025 at a weighted average price of $10.757 per share. After the reported transaction he beneficially owned 28,000 shares directly and held an additional 4,000 shares indirectly through a Simplified Employee Pension (SEP) plan.
The filing notes the purchase prices ranged from $10.75 to $10.76 and includes a footnote offering to provide a breakdown of shares purchased at each price on request. The Form 4 was signed by an attorney-in-fact on 08/18/2025.
Positive
- Director purchase disclosed: Bruce J. Sherrick bought 8,000 shares on 08/14/2025
- Transparent pricing: Weighted average price reported as $10.757 with footnote stating transaction prices ranged $10.75–$10.76
- Clear ownership balances: 28,000 shares owned directly and 4,000 shares indirectly via SEP plan
- Proper filing formalities: Form 4 filed and signed by attorney-in-fact; Exhibit 24 (Power of Attorney) referenced
Negative
- None.
Insights
TL;DR: Director purchased shares at ~$10.76, modestly increasing direct ownership to 28,000 shares; routine insider disclosure.
The Form 4 documents an open-market purchase by director Bruce J. Sherrick of 8,000 common shares at a reported weighted average price of $10.757 on 08/14/2025. The disclosure is clear about the weighted-average pricing and offers to provide per-transaction prices within the $10.75–$10.76 range. This is a straightforward disclosure of insider buying and shows the director holds both direct and indirect positions (28,000 direct; 4,000 indirect via SEP).
TL;DR: Filing is a routine Section 16 disclosure showing director purchase and proper use of a power of attorney signature.
The filing identifies the reporting person as a director and indicates the Form 4 was filed by one reporting person and signed by an attorney-in-fact (Christine M. Garrison) on 08/18/2025. It includes the required explanatory footnote about pricing and references Exhibit 24 (Power of Attorney). The disclosure format and content align with standard governance and SEC reporting practices.